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Privacy policy

Venmo

Privacy Statement

D

Risk score

64of 100

Open the original (new tab)Company page

In short

  • This Privacy Statement allows Venmo to collect sensitive personal data, including your Social Security number, biometric scans, and precise location.
  • It permits broad sharing of this information with affiliates, service providers, merchants, and other users.
  • Data is retained indefinitely for legal and fraud purposes, and Venmo can update the policy with limited notice.

What you accept

If you use this site

Everyday words for the material promises and rights you give up. Each line includes a quote from the document.

Fineprint cannot see whether you agreed. This page is posted on their site. Open the original if you need to know how they say it applies.

  1. 01

    You are agreeing to allow Venmo to collect your full name, Social Security number, financial account details, and biometric face scans.

    This product

    “Identification Information - ...Social Security number... Biometric Information - when you consent in the user experience, we collect face scans...”
  2. 02

    You are agreeing that your personal information can be shared with PayPal affiliates, service providers, merchants, and other users.

    Other products, stores, or brands

    “We may disclose your personal information with: Our parent company, PayPal, Inc. and affiliates... Service providers... Partners and merchants... Other Venmo users”
  3. 03

    You are agreeing that Venmo can change this Privacy Statement and it will apply immediately unless specific laws require 30 days' notice.

    This product

    “If the revised version requires notice in accordance with applicable law, we will provide you with 30 days prior notice... otherwise the revised Privacy Statement will be effective as of the published effective date.”

What it can cost you

Downsides we could quote

Quoted clauses that can affect your privacy, money, or right to go to court — including terms that follow you to other products.

Highest-cost clauses first

High cost

Location or sensitive-data over-collection

You are agreeing to provide biometric and location data required for account access and security.

“we collect face scans to authenticate your account and manage fraud and risk... longitude and latitude coordinates obtained through GPS”

What that means: You permit Venmo to store highly sensitive biological and location data on your device and servers.

The document explicitly lists the collection of face scans (biometric data) and precise geolocation coordinates, which are sensitive categories beyond basic transaction info.

High cost

Indefinite retention

You are agreeing to have your data kept for up to 10 years post-relationship or longer if legally necessary.

“Personal Information used for the ongoing relationship between you and Venmo is stored for the duration of the relationship plus a period of 10 years, unless we need to keep it longer”

What that means: Your personal history remains accessible by Venmo for a very long time, even after you stop using the service.

Venmo retains data for at least ten years after your active usage, with indefinite retention allowed for legal compliance or fraud protection.

High cost

Tracking you across apps

You are agreeing to cookie tracking and forfeiting the ability to easily disable DNT signals.

“we and certain business partners and vendors may use cookies and other tracking technologies... We do not respond to DNT signals”

What that means: Venmo tracks your online behavior and activity without respecting standard browser privacy preferences.

Venmo uses cookies and tracking tech across its services and with partners, and explicitly ignores browser Do Not Track signals.

Medium cost

Terms follow you to parks, stores, and other products

You are agreeing to data sharing across various affiliated financial services like Bill Me Later.

“Our affiliates include Bill Me Later, Inc”

What that means: Your data flows into other PayPal-owned financial properties beyond just Venmo.

The document identifies Bill Me Later as an affiliate with whom personal information may be shared, extending Venmo's reach to other financial brands.

Medium cost

Unilateral changes with little or no notice

You are agreeing to be bound by any future changes to the policy upon publication.

“otherwise the revised Privacy Statement will be effective as of the published effective date”

What that means: You may be bound by new rules without being given ample time to review or object.

Venmo reserves the right to update the terms and make them effective immediately upon publishing, rather than waiting for explicit user consent every time.

Lower cost

Children’s data

You are agreeing to the specific data practices outlined for Teen Accounts.

“Teen User... between the ages of 13 and 17 years old... We will not collect more information about you than what is required”

What that means: Users aged 13-17 can use the service, subject to specific controls by their Account Holder.

While the general service restricts under-13 use, there is a specific section detailing data handling for Teen Users aged 13-17.

Where this can follow you

Names that appear in this document for other apps, parks, stores, or brands. A click here can be used there.

  • Affiliates and sister brands

If these terms already apply to you

Keep this list. Fineprint cannot undo or cancel something you already agreed to at the company.

We cannot see Agree on their site. With Premium, tap “I accepted these terms” if you already agreed to what Venmo asks.